Question
a project costs $500,000, and is expected to increase net income by $100,000 each year. what is the project's pay back period? a. 4 years
a project costs $500,000, and is expected to increase net income by $100,000 each year. what is the project's pay back period?
a. 4 years
b. 4.75 years
c. 5 years
d. some other answer
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
1118285909, 1118285905, 978-1118285909
